tag:blogger.com,1999:blog-7704146.post8640880947230681453..comments2024-01-03T05:18:54.650-05:00Comments on CDR Salamander: What budget cuts look likeCDR Salamanderhttp://www.blogger.com/profile/05981221786954902349noreply@blogger.comBlogger48125tag:blogger.com,1999:blog-7704146.post-79223681744150604072010-12-14T15:12:09.000-05:002010-12-14T15:12:09.000-05:00Skippy, you know good and well that the wealthier ...Skippy, you know good and well that the wealthier man stops paying SSIC by August because he has paid the maximum for which he will ever be able to draw from. Unless you are advocating that he pay in more than he can draw from. Which is wealth redistribution. <br /><br />As for how much disposable income he is "left" with, that is "from each according to their needs". <br /><br />I am a realist and have not recommended a flat tax. Though such would be an interesting experiment, as all ordinary income would be taxable, without deduction. But your assertion that somehow the rich get away without paying their fair share is precisely contrary to the facts. They pay far more than their fair share, from a whole dollar as well as a percentage basis. <br /><br />I have always been at the $40k end of the spectrum, but have been very disciplined with my spending and my investments, and now see my government laying their hands into any capital gains I might make to the tune of 24%. That is the fourth time they have taxed that same money. When the firm I work for made it, when they paid me, when I earned it, and now, when my investment turns a profit. That is unconscionable. And should I continue to do well, and make some real money, then they dip in again with an estate tax. So that my children may have to sell my business to pay the taxes due. Just how was it that I cost the government money by dying?UltimaRatioRegisnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-37038332962453085842010-12-14T14:44:21.000-05:002010-12-14T14:44:21.000-05:00I'm saying effective tax rates are what are wo...I'm saying effective tax rates are what are worth looking at and individual circumstances-and that the wealthier man has a lot more options for reducing his individual effective tax rate than the guy making 45K does. And at the end of the day still walks away with more wealth devoted to more than basic necessities than the other guy.<br /><br />Besides-income taxes are not the only taxes either one pays. The 45K filer is paying Social Security tax all year long. The 200K guy stopped paying that around August or so.<br /><br />For a flat tax to work-you have to eliminate all deductions. All of them. That means the middle and upper classes lose their sacred cows-like the mortgage deduction. If you retain deductions the tax is no longer flat, and therefore unworkable. It also will penalize the lower and middile classes more than the upper classes because of the loss of effective buying power compared to Mr. 200K. Furthermore to adminster the tax correctly-you have to make sure there is a vehicle to prevent people from hiding income or offshoring it. That drives you to a VAT pretty quickly. How many Americans want to pay that?<br /><br />Finally Republicans and Democrats would forever lose their favorite politcal trick of cutting taxes for someone else. If you cut a flat tax you cut everyone's taxes and you have the same budgeting problems you do now. If you want to see what it is like to be REALLY TAXED, try having a flat tax that works the way it is supposed to.<br /><br />The argument is not about redistribution of income-its about the proper level of services the government can and should provide. The proper answer is not ZERO nor is it ALL. We have been arguing about that for 235+ years.Skippy-sannoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-10006455093958277912010-12-14T12:22:03.000-05:002010-12-14T12:22:03.000-05:00So Skippy, based on all of your assumptions, you a...So Skippy, based on all of your assumptions, you are telling me that the 2009 tax tables are incorrect? Doubt it. Why should he need a CPA anyway, if there was a simple and straightforward tax code that didn't overly burden those who earn? <br /><br />Look at the example again. $200,000 in taxable income. Versus five with $40k in taxable income. Each may very well have IRA contributions. And if the lower income people aren't itemizing, then they have the personal deduction that the itemizing filer doesn't get. <br /><br />If the man with $200k in taxable income has five kids, and each of the others has one kid, then the numbers are even more skewed. The higher earner is not eligible for the EIC, and the others will be. This will not change his tax payment one iota, but may reduce each of the others' by $3100. Making the total that they pay closer to $10k, while he still gets to pay his $51k. <br /><br />Yeah, progressive all right. Redistribution of the wealth. By force.UltimaRatioRegisnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-89161697491154959422010-12-14T11:58:23.000-05:002010-12-14T11:58:23.000-05:00That is what a progressive income tax is all about...That is what a progressive income tax is all about. Its not a redistribution of wealth-it is an accepted priniciple that was advocated from the start of the Federal Income tax. If you you look back in history even Adam Smith advocated progressive taxes. I will tell you-that if a guy making 200,000 is paying 51,000 in taxes-he needs a better CPA. I ran a simulation of that on Turbo tax last night-just to see if it was right. It's not.<br /><br />For one thing-that single guy is probably in a place where he is itemizing deductions, contributing to a retirement plan, and has a few other tax deductions as well. Depending on what type of single person he is (originally single or returning to single life via divorce) he may have an actual income that is much lower that what his starting income. My numbers drill came up to about 36K and that was a conservative simulation. Meaning, esepcially if the guy lives in Florida or Nevada he has a nice bit of money to fund a decadent single life style. Tickets to Thailand cost money you know! :) .<br /><br /><em></em><strong>The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion. -Adam Smith.</strong>Skippy-sannoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-86262537100562114822010-12-14T10:07:06.000-05:002010-12-14T10:07:06.000-05:00The "entitlements" are, in the long term...The "entitlements" are, in the long term, unsustainable. Congress will, in fits and starts, eventually confiscate everything the middle class has above the poverty level to sustain their perks, pay, and power by enlarging the dependent entitlement underclass. Eventually the nomenklatura will prosper and command the subsistance level proletariat. Then the military and law enforcement will be granted partial entry into the nomenklatura to ensure the protection of the rest of it from the rebellious remnants of the former middle class and unbreakable control of the proletariat.<br /><br />Until a nuclear armed moslem fundamentalist theocracy frightens the apparachiks. Then the entitlements will be sqeezed and the military budget will balloon.<br /><br />We have always been at war with South Asia. Coming soon, the new dark age.<br /><br />I'm going to crawl under my blankie with my teddie and take a nap until I wake up in 1956.<br /><br />Or maybe lay of the Wild Turkey before sunrise. Or something.Grandpa Bluewaternoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-37123626945320876652010-12-14T10:01:46.000-05:002010-12-14T10:01:46.000-05:00SHUT UP. Wealth redistribution is NOT AMERICAN. ...SHUT UP. Wealth redistribution is NOT AMERICAN. The American Dream is not to be poor forever and have the taxpayer funded government take care of you. The American Dream is to do WHATEVER it takes to no longer be poor!Salty Gator's NMCI Computer Brokenoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-55967402111021469672010-12-14T10:00:06.000-05:002010-12-14T10:00:06.000-05:00Ewok, I'm calling in the Storm Troopers on you...Ewok, I'm calling in the Storm Troopers on you. Really? Only a liberal could lament tax cuts as "financed by borrowing" and envoking "children." You want to cut defecits? CUT SPENDING. GET RID OF THE UNCONSTITUTIONAL WELFARE STATE. Sigh. You don't get it. The government CANNOT take a "LOSS" but NOT TAXING YOU AS MUCH. The only one who loses anything is the tax payer! The government, if it has to spend less, loses nothing. Government is of by and for the people. Therefore, if we CHOOSE to give LESS, then in zero sum WE THE PEOPLE LOSE NOTHING.Salty Gator's NMCI Computer Brokenoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-57193325850159249372010-12-14T09:18:05.000-05:002010-12-14T09:18:05.000-05:00I would chortle, if there weren't people in th...I would chortle, if there weren't people in this country who would find that to be an admirable ship design.SCOTTtheBADGERnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-24824429667309195402010-12-14T08:54:45.000-05:002010-12-14T08:54:45.000-05:00Here is a short little article on the new British ...Here is a short little article on the new British Destroyer.<br /><br /><a href="http://www.strategypage.com/humor/articles/military_jokes_2010121323344.asp" rel="nofollow">http://www.strategypage.com/humor/articles/military_jokes_2010121323344.asp</a>hbpnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-21802656670800572902010-12-14T08:16:02.000-05:002010-12-14T08:16:02.000-05:00URR,
Okay, it has been so many years and when I h...URR,<br /><br />Okay, it has been so many years and when I have tried to do use my google-fu for looking up Bottom-up Review all I get is the abstract on some "free" internet library or pr0n related to bottoms. That being said I remember the fight as we moved from the Cold War metric of being able to fight two major theater conflicts and conduct a hold in some brush fire in places like JFQ and Proceedings. I also remember that cackles were up as Rumsfeld was pushing the US Army and USAF in reducing the weight of thier deployable forces to improve the speed of our forces. That was raising the cackles from folks that we had moved away from our 2.5 standard and moved to brush fire standard.Southern Air Piratenoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-24081213769770330602010-12-14T08:15:06.000-05:002010-12-14T08:15:06.000-05:00Well Ewok, what I see is a government that takes 2...Well Ewok, what I see is a government that takes 25% of one man's income, but only 14% of another's. Takes, mind you. To give to someone who hasn't earned it. From each according to their capabilities, to each according to their needs. Forced redistribution of the wealth. Communism.<br /><br />As for the gun question, how did you come to that conclusion? Did Meredith Viera tell you that? Go to Los Angeles, Chicago, Houston, San Antonio, Lousiville, Kansas City, and any other city with a gang problem. Find out how many shootings are committed by US citizens. Then, if you find that it is US citizens committing these shootings and dealing the drugs with legally-owned guns, you may state your case.UltimaRatioRegisnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-25231445976297371882010-12-14T08:06:51.000-05:002010-12-14T08:06:51.000-05:00Collective selfishness? Why, that would imply ext...Collective selfishness? Why, that would imply extensive entitlement programs using someone else's money. <br /><br />Try enlightened self-interest and individual accomplishment. You know, what this country was built on? <br /><br />Willful ignorance seems to start with Article I section 8 of the Constitution in some circles.UltimaRatioRegisnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-91228589551135780762010-12-14T08:03:49.000-05:002010-12-14T08:03:49.000-05:00SAP,
You are absolutely incorrect in that asserti...SAP,<br /><br />You are absolutely incorrect in that assertion. It was the Bottom-up review that tossed the 2.5 wars paradigm. Fighting 2 MRCs was what Colin Powell desired in 1993, but Lester Aspin and Bill Clinton set aside that metric, with the "fight one-hold one". <br /><br />Rumsfeld is to blame for a lot of things, but THAT isn't one of them.UltimaRatioRegisnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-18374690495876993872010-12-14T07:39:59.000-05:002010-12-14T07:39:59.000-05:00<span>Remember planning for 2.5 wars? </s...<span><em>Remember planning for 2.5 wars?</em> </span><br /><span>Like it was yesterday . . . oh wait.</span>steeljawscribenoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-50126544222499729742010-12-14T06:24:02.000-05:002010-12-14T06:24:02.000-05:00anti-gun laws have been overturned. The NRA has be...<em>anti-gun laws have been overturned. The NRA has been extraordinarily successful in both the Congress (both sides of the aisle) and the Courts. Yawn...what silly blather</em>...<br /><br />Thank God and common sense...Byronnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-88508690351743937692010-12-14T01:15:26.000-05:002010-12-14T01:15:26.000-05:00Skippy,
I am also a strong believer that basicall...Skippy,<br /><br />I am also a strong believer that basically the whole region from Morocco across North Africa over to the border tween Pakistan and India is a region of nothing but trouble that will never have an American or even European Style democracy. The most that I think we can try and do in both regions is decrease our footprint and do like the Brits basically did for about a hundred years in the regions. Just get out and knock heads together when the radicals get out of hand from some staging bases. Other wise, work on keeping the local populace pacified via schooling, some basic economy via trade, and general civiliazation via hospitals. Anything more then that is asking for corruption. I would also note that there are some places in our own backyard that we have been involved with at various times since our own nationed formed. Places like Nicuragua, Haiti, Santo Domingo (aka Dominican Republic), Cuba, Mexico, Bahamas, Columbia, Venezula, heck just about everything south of the Rio Grande/Shopping Mall USA line. Lets look at our track record there and how many of those places are stable?Southern Air Piratenoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-10042657574104275682010-12-14T01:09:59.000-05:002010-12-14T01:09:59.000-05:00Skippy,
Your probably better at figuring that out...Skippy,<br /><br />Your probably better at figuring that out then I. You have had more schooling in that area of international Politicking and diplomancy. That being said, I am not completely sure the wars were our undoing with the federal budget. I almost want to think it was the winning of the cold war and the attempt that since we were the BMOC now, we could afford to pay for every growing social progams. I am going to be a little cut throat and think that we should cut social security back to what it was planned for in the 1930's, just some additional cash for retirees for the in case of thier nest egg turns to pot. I hate to be the Grinch in this sense, but that is the way I feel. Ditto for more then a few other social programs out there. It isn't that I don't care about my fellow man. I just care more for that poor 20yr old who does everything right and still ends up behind the 8-ball in life. Versus another 20yr who sings "The world owes me a livin' " while wondering why they can find a job as a professional computer gamer. Southern Air Piratenoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-54641508303543556312010-12-14T00:07:08.000-05:002010-12-14T00:07:08.000-05:00I'm amazed by the Tea Party too-such willful i...I'm amazed by the Tea Party too-such willful ignorance and collective selfhishness is a phenomenon all right, just not a good one.Skippy-sannoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-75905525316708092652010-12-13T23:59:58.000-05:002010-12-13T23:59:58.000-05:00SAP, getting out of both Iraq and Afghanistan woul...SAP, getting out of both Iraq and Afghanistan would not only be prudent-it would help avoid some of the cuts the British are making here. Much of our current acquisition crisis is directly due to the amount of resources we have wasted on the wars-with very little in real benefit to US national interest to show from them. The biggest threats to the US national interest our not in Afghanistan. Whatever good we are doing is being more than offset by the opportunity cost of what we are not able to do because we are mired in a conflict for people who will never change.<br /><br />That said comparisons of the US and Britain are really apples and oranges in my opinion. The British are going to maintain a level of services that even with a Torie government in power -will cause a HUGE political fight over here. They have made a choice of what government can and should do and it is very different than ours.<br /><br />From a British standpoint-the real question is "where is the threat?" They are only continuing to play in the wars because they want to reaffirm their commitment to NATO-and they don't want even more European powers packing up and creating even more political pressure on their own government to continue to engage in an unpopular war-unpopular with the British as a whole.Skippy-sannoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-37165472780102574422010-12-13T23:11:43.000-05:002010-12-13T23:11:43.000-05:00Few bucks (compared to cost of war) invested in 19...Few bucks (compared to cost of war) invested in 1990s in Afghanistan state building after Soviet exit could have saved the US loads of trouble later...ewok40knoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-34233240953225129012010-12-13T23:09:42.000-05:002010-12-13T23:09:42.000-05:00it is me from anther computer :)it is me from anther computer :)ewok40knoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-26709553141590962562010-12-13T23:09:03.000-05:002010-12-13T23:09:03.000-05:00If you listen to Skippy, he shows Singapore as mod...If you listen to Skippy, he shows Singapore as model to follow, hardly a communist one... maybe slightly authoritarian, but on well laid economic basis.<br />What I see is the man with 200k income being left with 150k to spend, while the men of 40k income are left with 35k to spend each... try to live on 35k yearly before trying to raise their taxes. In fact in Sweden the 200k income man would pay half of his income in tax, but still he would have almost 3 times more to spend than any of the 40k income men.<br />re: guns and ammo in the US... I came to the sad conclusion, there is nothing wrong with guns in the citizens hands - see Switzerland. But there is something very wrong with US citizens who handle the guns.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-2261387094594660382010-12-13T22:39:26.000-05:002010-12-13T22:39:26.000-05:00The downward trajectory will continue, given the f...The downward trajectory will continue, given the fiscal constraints and political realities. Look at the platforms & squadrons that have gone away in 2 decades. And yes, the fear to commit a withered force will limit response options. Until there's a significant event with massive amounts of American bloodshed or worldwide humiliation. Think 12/7/41, Korea, Cuba, Iran Hostage rescue, 9/11. Then the people will rise, and insist their political masters act. And then, the clock will start, the shuttered plants will spring forth, aged workers will return, and, we'll wait. For years. And by then, the people will be soothed, for their manna from DC will continue, and they'll forget. Unfortunately, history is replete with peaks & valleys, none of it making sense in the rearview mirror, but the relatively recent handout as political tool, coupled with an acrimonious and incompetent congress, put in place by the very same manna seekers, will make it worse.DM05noreply@blogger.comtag:blogger.com,1999:blog-7704146.post-20029729476811517032010-12-13T22:17:29.000-05:002010-12-13T22:17:29.000-05:00Yes, that's why we're screwed.Yes, that's why we're screwed.andrewdbnoreply@blogger.comtag:blogger.com,1999:blog-7704146.post-23004159764585355922010-12-13T22:15:55.000-05:002010-12-13T22:15:55.000-05:00Except planning for 2.5 that was planned for durin...Except planning for 2.5 that was planned for during the 1995 Bottom-Up Review went out the door during the Rumsfield QDR in the first portion of the 2000's.Southern Air Piratenoreply@blogger.com